Arrive Recommerce, Inc. Raises $16M In Series A Funding To Expand Its Platform To More Brands And 3Pls
Amount Raised
$16 Million
Round Type
Series A
IndianapolisOtherInformation TechnologyArtificial IntelligenceSecurityMachine LearningLogisticsInvestors
Description
Arrive Recommerce, Inc., the technology company that powers Returns to RecommerceTM for brands and retailers, announced today that it has raised $16M in Series A funding. The funding will be used to expand the platform to more brands and operators as Arrive Recommerce continues to grow in the booming recommerce industry.
Quick answer
Arrive AI raised $16 Million in a Series A round, dated July 17, 2023. Investors: Ryder System, Sci, Dhl Supply Chain, Maersk and Arrive Recommerce. Arrive AI is based in Indianapolis, Indiana, United States.
- How much did Arrive AI raise?
- Arrive AI raised $16 Million in a Series A round on July 17, 2023.
- Who invested in Arrive AI?
- Ryder System, Sci, Dhl Supply Chain, Maersk and Arrive Recommerce are named as investors in this round.
- What does Arrive AI do?
- Arrive AI is the inventor of the nation's first smart mailbox platform, which aims to make the exchange of goods between people, robots, and drones frictionless through the use of artificial intelligence.
- Where is Arrive AI based and how big is it?
- Arrive AI is based in Indianapolis, Indiana, United States. Fundz records about 46 employees.
- Who are the decision-makers at Arrive AI?
- Fundz holds 1 contact at Arrive AI. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Security and Logistics around the same time
Companies in the same sectors as Arrive AI that raised within 45 days of this round, from Fundz verified event records.
- Dropzone AI raised $3.5M (Seed) on August 8, 2023.
- Gomboc AI raised an undisclosed amount (Seed) on August 7, 2023.
- Facia raised $1.2M (Seed) on July 19, 2023.
- Mimetrik raised $2.5M (Seed) on August 31, 2023.
- Speak raised $16M (Funding Round) on August 31, 2023.
- Alias Technologies raised an undisclosed amount (Seed) on August 31, 2023.
Who to call at Arrive AI, and when
A new round usually means Arrive AI is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Arrive AI raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Arrive AI, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Arrive AI. With Fundz connected, it knows.
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Fundz sees it the moment Arrive AI raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Funding Insights
What this usually meansArrive AI raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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